IQ Option vs. 24option

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IQ Option vs. 24option

IQ Option and 24option are both considered to be among the most secure, reliable and famous brokers in the binary options industry. A great proof of that are various partnership agreements these companies have.

IQ Option has teamed up with Fabio Cannavaro, Aston Martin Racing and AGI Racing of Formula 4, while 24option has created partnerships with Juventus and Olympique Lyonnais football clubs, as well as with Boris Becker, one of the best tennis players of all time.

But which one of these companies is better in terms of binary options trading? Our honest IQ Option vs. 24option article will give you the real answer, so keep on reading!

IQ Option vs. 24option | Accounts

Let’s start this IQ Option vs. 24option battle off by taking a deeper look at the account packages you can get from these brokers. IQ Option decided to narrow down their account types to three choices – Demo, Real and VIP. While the demo account is completely free and designed for testing the platform without any investments, the latter two require a deposit. They both offer full platform access, educational materials and fast withdrawals. Also, they are pretty affordable as well, so you should definitely consider them.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

On the other hand, there are five different 24option Account Types to choose from. They range from Basic to Diamond and differ in the amount of features they offer. However, all of them will provide you with ingenious and versatile trading interface, full access to educational materials, specific trading tools and full-time support. can also improve your skills with live webinars with the company’s senior account managers. All in all, we can honestly say that 24option is the winner of the first round of this IQ Option vs. 24option contest. Will IQ Option be able strike back in the next round? Stay with us and find out!

IQ Option vs. 24option | Requirements

While reviewing trading requirements and minimum amounts needed to start trading, the winner of the second round of IQ Option vs. 24option clash became obvious. IQ Option has its minimum amount of both deposit and withdrawal set to 10$, which is among the lowest requirements in the industry. Furthermore, trades with them can be opened by investing just one dollar (if you’re trading binary and digital options; for forex and CFDs, it’s 20 dollars). Also, this broker supports a variety of banking methods, including e-wallets like Skrill or Neteller, major credit and debit cards, as well as bank transfers. This makes IQ Option Trading Platform one of the most accessible ones on the market. It’s also backed up by WebGL technology and is completely safe as well.

IQ Option Trading Platform 4.0

24option has set its minimum deposit to 250$ (although you will need $400 if you’re from South Africa, New Zealand, Singapore or UK), while the minimum investment needed to start a trade stands at 24$. These numbers are pretty common in the industry, but when you realize what you’ll get by trading with 24option, it’s really not much at all. However, IQ Option has made and unmatchable offer here, without a doubt. So if you want to trade, but you don’t want to risk much, IQ Option is your broker of choice.

IQ Option vs. 24option | Conclusion

We’ll wrap this IQ Option vs. 24option comparison up by reviewing these brokers’ main advantages once more. IQ Option delivers outstandingly low financial requirements, while 24option provides users with more versatile trading packages. Now the final decision lies in your hands. Think of what you need more – low requirements or quality account packages – and make your choice now!

DISCLAIMER: Binary options are prohibited in EEA.

IQ Option vs Expert Option: Which One is Better?

Before you settle on any binary options broker, you ought to conduct a background check on its legitimacy. You also need to compare different binary options brokers and find out which offers the best trading conditions. IQ Option and Experts Option are part of the most popular binary options brokers today. The brokers have managed to carve a name for themselves in the industry. So, how do they compare against each other? This is a short review that seeks to juxtapose the two brokers and make a conclusion on which one is better.

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  • Binarium
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    Free Demo Account!
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  • Binomo
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IMP NOTE:

Now Get Real Account with as little as $10. And start trading the BINARY OPTIONS, FOREX, FX OPTIONS & CRYPTOCURRENCIES at one platform. Click To Open Free Demo Account | Click To Get Real Account In $10 (Updated July 2020)

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IQ Option

IQ Option is arguably the largest binary options broker today. The platform boasts of over 25 million subscribers on its platform. That is no little feat. It also goes to prove that they must be doing something right. IQ option is headquartered in Seychelles and it is licensed and regulated by CySec. There are three types of trading accounts on IQ Option. The accounts are as follows.

  • Demo – This is a virtual account offered free of charge for newbies to get acquainted with binary options trading before they commit and make a deposit.
  • Real – This is the basic trading account on IQ Option. You can get one with a minimum deposit of $10. The account can, however, be upgraded to attract more perks by depositing more than $100.
  • Premium – This is an advanced account that requires a minimum deposit if $3000. It attracts quite a number of perks, on top of a personal account manager.

IQ Option offers up to 90% profit on investments in payouts. It has over 300 assets that you can trade with too.

Expert Option

Expert Option is a binary options broker based in ST. Vincent and the Grenadines. The brokerage was launched in 2020. It is estimated to have over 8.5 million subscribers as of now. That is an impressive feat considering it is a fairly young binary options broker. The broker is licensed and regulated by the CROFR. It is available in over 150 countries all over the world. The broker does not admit traders from the USA, Canada, Switzerland, Israel and several other countries.

The broker offers five types of accounts. They are;

  • Basic – it attracts a minimum deposit of $50
  • Silver – it requires a minimum deposit of $500
  • Gold – it requires a minimum deposit of $2500
  • Platinum – it requires a minimum deposit of $5000
  • Exclusive – the account is given through a referral program.

Expert Option offers up to 95% profit on that invested amount in payouts. It has over 100 assets that you can trade with.

Which One is Better?

As mentioned in the introduction one of the most fundamental aspects of a binary options broker, is legitimacy. We always advocate for binary options brokers that are regulated by recognized authorities. Unfortunately, the CROFR is neither known nor respected. That raises questions about the legitimacy of the binary options brokers. Once it cannot be determined whether a broker is legit or not, all the other perks it offers do not hold water. In that regard, IQ Option is the best binary options broker in this case, whether you are a novice or experienced trader. IQ Option is regulated by the respected CySec.

My Recommended Brokers Updated 2020

IQ Option vs Olymp Trade: Which One is Better?

One of the most pertinent things you have to do when starting trading one binary options is choosing an appropriate binary options broker. If you went searching for a binary options broker right now, you will be met with hundreds of suggestions. As you explore the suggestions, two brokers will certainly stand out. These are IQ Option and Olymp Trade. These are arguably the most popular binary options brokers right now. Different reviews will have different opinions about that though. So, how do IQ Option and Olymp trade compare against each other? What prospects to they offer you. Let’s explore in this short review.

IMP NOTE:

Now Get Real Account with as little as $10. And start trading the BINARY OPTIONS, FOREX, FX OPTIONS & CRYPTOCURRENCIES at one platform. Click To Open Free Demo Account | Click To Get Real Account In $10 (Updated July 2020)

My Recommended Brokers Updated 2020

Broker Min Deposit ($) Min Stake ($) Max Payout (%)
IQ Option 10 1 95 1st Choice
ExpertOption 50 1 95 2nd Choice
Olymp Trade 10 1 92 3rd Choice

IQ Option

IQ Option is a Seychelles-based binary options broker. It boasts of over 25 million subscribers. IQ Option is one of the most popular binary options brokers. IQ options offer three types of trading accounts. You can sign up for a demo account, real account, or premium account. The demo account is meant to give beginners a head start. The real account requires a minimum deposit of $10 while the premium account needs a minimum m deposit of $3000.

IQ Option has over 300 assets that you can trade with. It also comes with a great educational system. Beginners can get to learn on the platform. Experienced traders will find the educational materials resourceful as well.

IQ Option is licensed and regulated by CySec. The broker is available in many countries around the world. Unfortunately, it is not available for countries such as USA, Canada, Japan, Israel and a few others.

Olymp Trade

Olypm trade does not differ too much from IQ Option. It is a Cyprus-based binary options broker, with headquarters in Seychelles and a strong operating base in Russia. The Binary options broker estimated that over 20000 people trade on its platform every day. The broker offers two types of accounts. A standard account with a minimum deposit of $10, and a VIP account with a minimum deposit of $2000. Both the accounts come with a demo account loaded with a $10000 virtual deposit.

Olymp trade offers over 60 trading assets. It also has ample educational materials that beginners can use for training.

Olymp trade is licensed and regulated by CySec too. It available all over Europe and in many other countries around the world. The broker is also regulated by the FCA. The FCA guarantees the traders on Olymp trade a refund if they duped by the broker.

Which One is Better?

As you might have noticed, the two brokers are quite similar. IQ Option has more variety of assets to trade with though. IQ Option offers 90% profit on the staked amount, while Olymp trade of 80% for traders in the standard account. This makes IQ Option a better option too.

In regard to which one is better for whom, both are great for both beginners and veterans. However, if you are a complete novice, starting on Olymp trade is a good idea. Olymp trade has a more comprehensive training program.

My Recommended Brokers Updated 2020

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

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Broker Min Deposit ($) Min Stake ($) Max Payout (%)
IQ Option 10 1 95 1st Choice
ExpertOption 50 1 95 2nd Choice
Olymp Trade 10 1 92 3rd Choice